Stablecoin Market Cap Hits Record $321B in April

Stablecoins kept expanding in April, with total market capitalization rising 1.6% month-over-month to a new all-time high of $USDC 321 billion. This also marks the third straight month of growth. Tether (USDT) continues to dominate the sector, accounting for more than half of total supply, with a market cap of roughly $190 billion.

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